Antony Waste Handling Cell IPO
Antony Waste Handling Cell Limited (AWHCL) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 01 January 2021.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain -1.3% (likely range -14% to +7%), day's high +1.8%, chance of a gain 33%. Actual: +38.4% at the open, +55.5% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 13,77,288 | 12,22,450 | 0.89x | |
| NII (HNI) total | 10,32,966 | 2,64,500 | 0.26x | |
| Retail | 24,10,254 | 9,21,100 | 0.38x | |
| Total | 48,20,508 | 24,08,050 | 0.50x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 27% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Antony Waste Handling Cell's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Garden Reach Shipbuilders & EngineersOct 2018 | 1.81x | 0.31x | 0.24x | 1.02x | ₹598 Cr | -13.1% | -7.6% |
| H.G.Infra EngineeringFeb 2018 | 0.00x | 0.07x | 0.84x | 0.44x | ₹467 Cr | 0.0% | +2.2% |
| Mishra Dhatu NigamMar 2018 | 1.96x | 0.12x | 0.72x | 1.21x | ₹755 Cr | -3.3% | +1.1% |
| Equitas Small Finance BankOct 2020 | — | — | — | — | — | -5.8% | +0.5% |
| SBI Cards and Payment ServicesMar 2020 | — | — | — | — | — | -12.4% | 0.0% |
| IndiaMART InterMESHJun 2019 | — | — | — | — | — | +21.3% | +37.5% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Equirus Capital | 34 | +21.3% | 74% |
Offer documents (NSE)
Frequently asked
What is the Antony Waste Handling Cell IPO price band and lot size? ₹313–315 per share, with a lot of 50 shares, so the smallest retail bid is ₹15,750.
How many times has it been subscribed? 0.50x overall: QIB 0.89x, NII 0.26x, retail 0.38x.
How did it list? It opened at ₹436, +38.4% against the issue price of ₹315, and closed its first day +29.3%.
